Thursday, December 03, 2020

Goodbye, Mr. Williams

Walter Williams passed a couple of days ago, a towering giant among mostly fools, in my opinion.

I wish I could cram this bit down the throats of every Leftist and college punk;

"...Overregulation by the government, including laws like occupational and business licensing, zoning regulations and the minimum wage, Williams argued, “systematically discriminate against the employment and advancement of people who are outsiders, latecomers and poor in resources.”

As he spent his life championing, the solution to these systematic barriers was to repeal such “antipeople” laws and unleash the power of the market to maximize opportunities for all people.

While it is fashionable among younger generations to condemn capitalism, Williams understood that capitalism is the greatest means for liberating people from poverty known to man.

“Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man,” he said. “Capitalism made it possible to become wealthy by serving your fellow man.”

The basis for Capitalism, contrary to what the Communists will continually lie to you about, ISN'T to plunder nor enslave. Instead, it is actually about an exchange of values; a service or a product in return for either money (another can of worms for another time), or another good or service. The linchpin of the whole thing is that two or more parties enter into an agreement voluntarily about what will be exchanged, and each party should, surprise-surprise, make their own interests in the agreement their own priority. When this is satisfied, everyone comes out at the end of the transaction with what they need.

Rest well, sir.

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